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020			_a9780444536853
040			_cIIT Kanpur
041			_aeng
082			_a300.650 _bM184h
100			_aMachina, Mark J.
245			_aHandbook of the economics of risk and uncertainty [v.1] _cMark J. Machina and W. Kip Viscusi
260			_bElsevier _c2014 _aAmsterdam
300			_axxxv, 860p
520			_aThe need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance Divides coverage between theoretical, empirical, and experimental findings Makes the economics of risk and uncertainty accessible to scholars in fields outside economics
650			_aEconomics
700			_aViscusi, W. Kip
942			_cBK
999			_c560145 _d560145